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PBT - PBT Group Limited - Trading statement

Release Date: 07/02/2011 17:04
Code(s): PBT
Wrap Text

PBT - PBT Group Limited - Trading statement PBT Group Limited (formerly Wooltru Limited) Incorporated in the Republic of South Africa Registration number: 1936/008278/06 Share Code: PBT ISIN: ZAE000149712 ("PBT" or "the Company") TRADING STATEMENT Shareholders are advised that the Company`s earnings and headline earnings per share for the six months period ending 28 February 2011 are expected to be at least 20% higher than the reported earnings and headline earnings per share for the six months ended 31 December 2009 and the second interim period for the period ended 30 June 2010. This increase is attributable to the Company`s conversion from a cash shell (as defined in the JSE Listings Requirements) as a result of the reverse take-over of Wooltru Limited by PBT At this stage, the directors are unable to quantify, with any degree of certainty, the expected earnings and headline earnings per share for the six months ending 28 February 2011 and will publish a further announcement containing such detail in due course. The financial information on which this trading update is based has not been reviewed by the Company`s auditors. Cape Town 7 February 2011 Sponsor: Bridge Capital Advisors (Pty) Limited Date: 07/02/2011 17:04:06 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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